Yeahka Limited — Transaction in Own Shares 2021

Jul 20, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

YEAHKA LIMITED 移卡有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 9923)

SHARE PURCHASE PURSUANT TO THE RESTRICTED SHARE UNIT SCHEME

Reference is made to the RSU Scheme of the Company approved and adopted by the Board on August 1, 2019, a summary of the principal terms of which was set out in the Prospectus, which is available on the website of The Stock Exchange of Hong Kong Limited ( www.hkexnews.hk ) and the website of the Company ( www.yeahka.com ).

As disclosed in the Prospectus, according to the rules of the RSU Scheme, the Company may, among others, direct and procure the RSU Trustee to purchase existing Shares (either on-market or off-market) to satisfy the RSUs granted to any RSU Selected Persons upon exercise.

The Company will pay an amount of no more than US$100 million to the RSU Trustee to purchase Shares on market from time to time. The Shares so purchased will be used as awards for the RSU Participants.

The above plan is based on the Company’s current operational growth outlook while acknowledging recent market conditions and macroeconomic performance indicators, as well as the Company’s continuous intention to retain and motivate key employees.

DEFINITIONS

“Board”

the board of directors of the Company

“Company” YEAHKA LIMITED, an exempted company incorporated under the laws of the Cayman Islands with limited liability on September 8, 2011

• “Prospectus” the prospectus of the Company dated May 20, 2020

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“RSU(s)”	restricted share unit(s)
“RSU Eligible Persons”	persons eligible to receive RSUs under the RSU Scheme,
	including existing directors (whether executive or non-
	executive, but excluding independent non-executive directors),
	senior management or officers of the Company or any of its
	subsidiaries
“RSU Participant(s)”	participant(s) in the RSU Scheme
“RSU Scheme”	the RSU scheme of the Company approved and adopted by the
	Board on August 1, 2019
“RSU Selected Persons”	RSU Eligible Persons selected by the Board
“RSU Trustee”	TMF Trust (HK) Limited, an independent and professional
	trustee appointed by the Company to act as the trustee of the
	RSU Scheme
“Share(s)”	ordinary share(s) in the capital of the Company with nominal
	value of US$0.000025 each
“US$”	United States dollars, the lawful currency of the United States
	of America

By order of the Board YEAHKA LIMITED Liu Yingqi Chairman

Hong Kong, July 20, 2021

As of the date of this announcement, the Board comprises Mr. Liu Yingqi, Mr. Yao Zhijian and Mr. Luo Xiaohui as executive directors, Mr. Mathias Nicolaus Schilling and Mr. Akio Tanaka as non-executive directors, and Mr. Tam Bing Chung Benson, Mr. Yao Wei and Mr. Yang Tao as independent non-executive directors.

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